Utrecht · Seed–Late Stage · 25 people tracked
Also known as AQUA-SPARK MANAGEMENT B.V.
Investment thesis
Aqua-Spark invests in sustainable, commercial aquaculture businesses that form the foundation of the aquaculture food system, such as fish farms, feed mills and hatcheries, selecting best-in-class operations committed to continual improvement. Backed by a global community of over 300 investors from more than 25 countries, the fund supports the growth of a new, environmentally responsible aquaculture industry and actively seeks entrepreneurs working toward a more sustainable aquaculture food system.
Source: firm website, verified Aug 18, 2026.
Team · 25 people
from the firm's website & public directoriesWhat they invest in
from 17 of 28 portfolio companiesFoodTech ×14AgTech ×13Biotech ×5Climate Tech ×4AI & Machine Learning ×3Circular Economy ×3Hardware ×3Cleantech ×2
HQs:Norway×2United States×2Brazil×1Finland×1United Kingdom×1Ireland×1
Investments · 28 tracked
founders shown can be your intro pathAce Aquatec builds IoT-enabled precision products for the aquaculture industry, including acoustic wildlife deterrents, sea lice treatment, biomass estimation and real-time monitoring, and humane fish-stunning solutions.
AgTechAI & Machine LearningCleantechFoodTechHardwareIoTDundee, GB
Nathan Pyne-Carter(CEO)Alan MacLeod(Chief Finance Officer (CFO))Tara McGregor-Woodhams(Chief Sales & Marketing Officer (CSMO))Keith Davidson(Chief Technology Officer (CTO))
Co-investorsChroma VenturesEarth CapitalScottish Enterprise
Matorka operates a land-based, vertically integrated aquaculture business raising Arctic char in Iceland, harvesting to order with full traceability from egg to customer.
AgTechCircular EconomyFoodTech
Olav Ketilsson(Co-founder & Board Member)Christo du Plessis(CEO)Neil Stallard(Chief Production Officer)
CageEye is a Norwegian aquatech company that uses hydroacoustics combined with pellet detection to monitor salmon behavior and fish welfare and improve feeding in aquaculture.
AgTechHardwareIoT
Co-investorsBlue Revolution Investments G.P.
Calysta produces protein ingredients through a patented fermentation platform that does not use arable land, plants, or animal products, offering products such as FeedKind and Positive Protein for animal feed and food.
AgTechBiotechFoodTechMenlo Park, US
Alan Shaw, Ph.D.(Executive Officer, Director)Alan Shaw(President, Chief Executive Officer and Co-Founder)Lori Giver(Chief Science and Sustainability Officer)inCraig Barratt, Ph.D.(Director)David Hayes(Director)Suan Swee Tan(Director)
Co-investorsBaruch Future VenturesCelesta CapitalPangaea Ventures Us Inc.SQN Venture Partners, LLCbp venturesPangaea Ventures
Aquaculture farm in Mozambique using fish behavior and geography to improve welfare and efficiency.
Chicoa operates an aquaculture business on Lake Cahora Bassa in Mozambique, farming tilapia as a low-cost, nutritious protein source.
AgTechFoodTechImpact & Social Good
Co-investorsGoodwell Investments
Enifer produces PEKILO®, a fermentation-derived fungal mycoprotein used as a drop-in protein ingredient for aquafeed, pet food, and human food production.
AgTechBiotechFoodTech
Co-investorsNordic Foodtech VCVoima Ventures
Fisher Piscicultura is a Brazilian tilapia aquaculture company operating since 2011 that produces over 2,000 tons of tilapia annually and develops its own farming technology, the TRGV (large-volume net tank) system designed for Brazilian reservoirs.
AgTechFoodTechHardware
Hatch Blue Investments is a venture capital firm that invests in startups across the aquaculture and seafood value chain, including farming systems, nutrition, health and genetics, and alternative seafood.
AgTechClimate TechFoodTechImpact & Social Good
Carsten Krome(Co-founder)inGeorg Baunach(Co-founder)inWayne Murphy(Co-founder)
Co-investorsFarvatn Venture
Hofseth BioCare develops products derived from fish, using patented processes and R&D programs including research on asthma, COVID-19, and gastrointestinal health.
BiotechFoodTechWellness & Fitness
Roger Hofseth(Founder and anchor shareholder)
Sea cucumber farming with smallholders in Madagascar.
Uses micro algae to produce natural astaxanthin for salmonids and shrimp (United States).
Honolulu, US
ADELHEID KUEHNLE(Executive Officer, Director)Claude Kaplan(CEO, Secretary, and Board Member)GORDON WALLACE(Executive Officer)Paul S. Zorner(Director)Gordon Wallace(Executive Officer)Mark Bogart(Director)
Co-investorsBlue Revolution Investments G.P.Cavallo VenturesIVCS2G Investments
Established African tilapia producer in sub-Saharan Africa.
Oceano Fresco farms shellfish, including clams and the European flat oyster (Ostrea edulis), using open-sea nurseries in the Atlantic Ocean with a regenerative aquaculture approach.
AgTechClimate TechFoodTech
Co-investorsBlueCrow CapitalSemapa Next
Bacteriophage solution reducing antibiotic use in aquaculture (Poland).
Co-investorsMontis CapitalMontis VC
Protix produces insect-based ingredients from black soldier flies, converting organic food waste into protein and nutrients used for animal feed, pet food, plant care, and insect farming.
AgTechCircular EconomyFoodTech
Co-investorsEuropean Circular Bioeconomy FundInvest-NLSHIFT Invest
Extracts nutrients from wastewater to produce high value algae products (Sweden).
Cultivates and harvests seaweed at scale, engineering innovative byproducts (India).
Sea6 Energy develops mechanized, large-scale ocean farming of tropical seaweed and converts the biomass into patented products for agriculture, aquaculture, food ingredients, renewable chemicals, bioplastics, and biofuel.
AgTechClimate TechNew MaterialsBangalore, IN
Co-investorsSilverstrand CapitalPETRONAS Ventures
Swedish Algae Factory cultivates diatoms and extracts their silica shells, marketed as Algica®, a material used in high-end oceanic beauty care products and applications such as solar panel efficiency enhancement.
Circular EconomyCleantechNew MaterialsKungshamn, SE
Co-investorsChalmers Ventures ABMindshift Capital
Tepbac operates in the aquaculture sector with a focus on shrimp farming, referencing global shrimp market growth and Vietnam's position as the world's second-largest shrimp exporter.
AgTechFoodTech
Umami Bioworks develops cultivated seafood production, focusing on endangered, threatened, or protected fish species using genomics, stem cell biology, and machine learning through its ALKEMYST platform.
AI & Machine LearningBiotechFoodTech
Co-investorsAera VCBetter Bite VenturesBrincMindshift CapitalSustainable Food VenturesThe Yield Lab Asia Pacific+2 more
Wanda Fish develops cell-cultivated seafood, with a flagship cultivated toro bluefin tuna product grown using cell culture and biotechnology methods.
BiotechClimate TechFoodTech
Co-investorsMoreVCCPT CapitalPeregrine VenturesPICO Venture Partners
KAMPI is an app and platform that uses machine learning and AI to turn shrimp farmers' daily records into recommendations for managing biomass, biological and environmental parameters, feeding, and profitability across the harvest cycle.
AgTechAI & Machine LearningFoodTech
Co-investorsDesigner FundFounderFuel
Portfolio news
latest coverage across their companiesOceano Fresco · trysignalbase.com · Jul 28, 2026

Kuehnle AgroSystems · greenqueen.com.hk · Jul 27, 2026
Frequently asked questions
- How many investments has Aqua Spark made?
- Aqua Spark has 28 tracked investments.
- What stage does Aqua Spark invest at?
- Aqua Spark invests at the Seed, Late Stage stages.
- What sectors does Aqua Spark focus on?
- Aqua Spark focuses on AgTech, Climate Tech, FoodTech, Impact & Social Good.
- Where is Aqua Spark located?
- Aqua Spark is headquartered in Utrecht, NL.
- Who does Aqua Spark co-invest with?
- Aqua Spark most often shares deals with Blue Revolution Investments G.P., Mindshift Capital, Designer Fund, among 29 tracked co-investors.
Images
Co-investors · 9
Celesta Capital is a venture capital firm that invests in deep tech companies at the forefront of science and engineering.
BP Ventures invests in private technology companies developing innovations in the energy sector. The firm focuses on early to growth-stage companies globally.
Chroma Ventures backs exceptional teams and innovative technology-driven companies from early-stage to scale-up, taking active board roles to support ambitious growth plans and international expansion.
GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.
QED Investors is a venture capital firm focused on financial services and fintech, founded by former Capital One executives.
Breakthrough Energy Ventures is a $1+ billion climate fund backed by ultra-high-net-worth individuals like Bill Gates, Jeff Bezos, and Jack Ma, with an unusually long 20-year investment horizon and a requirement that portfolio companies can avoid at least 500 million tons of CO2 emissions annually by 2050. The fund combines deep technical expertise from former ARPA-E leaders and scientists with access to a broader Breakthrough Energy ecosystem of policy, advocacy, and deployment programs, making it a "gold standard" validator for technically ambitious climate hardware companies that traditional VCs often avoid.
Atlantico is a venture capital firm that backs founders building companies in Latin America and beyond, and publishes annual reports on the region's digital transformation.
Seventure Partners is a European venture capital firm investing across life sciences, digital technologies, sport and performance, and the blue economy.
Firms observed investing alongside Aqua Spark, from public investor directories. Shared companies are the overlap with Aqua Spark's recorded portfolio.
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